Can I claim ITC of F.Y. 2018-19 after filed return Dt. 20.10.2019.


This query is : Resolved 

Quick Summary
You generally cannot claim Input Tax Credit (ITC) for the financial year 2018-19 if you file your return after the due date of 20.10.2019. This is because Section 16(4) of the relevant tax legislation imposes a time limit for claiming ITC. Attempting to claim it late will likely face objections from tax authorities.

02 February 2024 can i claim itc of f.y.-2018-19 after 20.10.2019 in return of f.y.-2018-19 filed after 20.10.2019. if yes please say notification and also say penalty u/s 73(1) waiver way.

03 February 2024 It cannot be claimed. It has lapsed.

05 February 2024 No as the time limit u/s 16(4) will apply and even if you do, your tax officer will have an objection,


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